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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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STONECREEK FUNDING CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
STONECREEK FUNDING CORPORATION |
| Address | 1515 WAZEE, SUITE 300
DENVER, CO 80202 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 6,095 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,104,946,000 |
| Average Mortgage Loan Amount Applied For | $170,794 |
| Highest Mortgage Loan Amount Applied For | $4,000,000 |
| Average Applicant Income | $96,173 |
| Highest Applicant Income | $1,839,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
4,179 | $681,443,000 |
$163,000 | $3,600,000 |
$109,000 | $1,839,000 |
| Refinancing |
1,916 | $423,503,000 |
$221,000 | $4,000,000 |
$100,000 | $912,000 |
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| American Indian or Alaskan Native |
36 | $8,153,000 |
$226,000 | $975,000 |
$106,000 | $576,000 |
| Asian |
213 | $47,414,000 |
$222,000 | $3,600,000 |
$118,000 | $1,031,000 |
| Black or African American |
932 | $136,582,000 |
$146,000 | $1,260,000 |
$97,000 | $1,170,000 |
| Hispanic |
1,370 | $220,862,000 |
$161,000 | $2,000,000 |
$76,000 | $780,000 |
| Native Hawaiin or Other Pacific Islander |
18 | $4,061,000 |
$225,000 | $713,000 |
$164,000 | $558,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
422 | $89,301,000 |
$211,000 | $4,000,000 |
$102,000 | $612,000 |
| White |
3,104 | $598,573,000 |
$192,000 | $2,600,000 |
$122,000 | $1,839,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,070 | $1,101,380,000 |
$181,000 | $4,000,000 |
$106,000 | $1,839,000 |
| FHA-insured (Federal Housing Administration) |
25 | $3,566,000 |
$142,000 | $236,000 |
$48,000 | $118,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
1,530 | $277,664,000 |
$181,000 | $2,600,000 |
$99,000 | $960,000 |
| Application Denied By Financial Institution |
1,428 | $290,576,000 |
$203,000 | $3,600,000 |
$125,000 | $1,170,000 |
| Application Withdrawn By Applicant |
685 | $122,559,000 |
$178,000 | $1,900,000 |
$101,000 | $1,839,000 |
| File Closed For Incompleteness |
471 | $95,420,000 |
$202,000 | $4,000,000 |
$119,000 | $993,000 |
| Loan Originated |
1,981 | $318,727,000 |
$160,000 | $2,550,000 |
$97,000 | $1,200,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
122 | $25,260,000 |
$207,000 | $1,260,000 |
$140,000 | $650,000 |
| Credit Application Incomplete |
1 | $168,000 |
$168,000 | $168,000 |
$216,000 | $216,000 |
| Credit History |
88 | $20,210,000 |
$229,000 | $2,000,000 |
$118,000 | $422,000 |
| Debt-To-Income Ratio |
76 | $12,809,000 |
$168,000 | $508,000 |
$98,000 | $285,000 |
| Employment History |
30 | $5,959,000 |
$198,000 | $788,000 |
$98,000 | $360,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
25 | $2,757,000 |
$110,000 | $228,000 |
$71,000 | $279,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
176 | $40,156,000 |
$228,000 | $1,470,000 |
$119,000 | $612,000 |
| Unverifiable Information |
51 | $10,680,000 |
$209,000 | $1,000,000 |
$168,000 | $840,000 |
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Mortgage Loan App Totals for STONECREEK FUNDING CORPORATION by:
Metropolitan Area And
County
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